Markets found their footing Friday after New York Fed President John Williams hinted at potential rate cuts, calling current policy "modestly restrictive." His comments sent trader bets on a December cut soaring from 44% to 70%, offering relief after...
The Buzz■Nvidia posted strong earnings Wednesday but stock dropped 3% Thursday despite initial rally■Global markets followed suit with SoftBank plunging over 10% Friday■Fund managers blame year-end positioning and Fed rate cut uncertainty for the confusion■Asset managers prioritizing short-term bonus...
While tech investors nursed wounds from the Nasdaq's worst week since April, State Street is doubling down on artificial intelligence stocks. The investment giant's chief business officer Anna Paglia says it's still too early to bet against the AI...
The AI boom just hit its first major speed bump. A sharp retreat in artificial intelligence stocks this week has reignited tech bubble fears among global investors, with SoftBank alone hemorrhaging nearly $50 billion in market value. From London...
Southeast Asia's largest bank is sounding the alarm on Wall Street's AI obsession. DBS CEO Tan Su Shan warned investors to "buckle up" for continued market volatility, pointing to the dangerous concentration of trillions of dollars in just seven...
